Just been to a Auction
May 1st 2010, 9:21 am
#16
Lost in BE Cyberspace
Joined: Dec 2008
Posts: 6,039
Re: Just been to a Auction
Far more versatile than a paddock 
May 2nd 2010, 1:56 am
#20
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Joined: Jan 2005
Location: with the Carnaby cockatoos
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Re: Just been to a Auction
This is not far from me, it has been on the market for ages:
http://www.realestate.com.au/propert...unda-106182769
He initially had it on for $975k, which was way overpriced. I reckon $850k would be a fair price right now.
http://www.realestate.com.au/propert...unda-106182769
He initially had it on for $975k, which was way overpriced. I reckon $850k would be a fair price right now.
May 2nd 2010, 2:51 am
#21
Tribu dei Chihuahua
Joined: Oct 2004
Location: Port Kennedy -near the dolphins
Posts: 1,414
Re: Just been to a Auction
Well you get a bit more bang for your buck in Shellharbour
http://www.realestate.com.au/propert...ort=price-desc
http://www.realestate.com.au/propert...ort=price-desc
May 2nd 2010, 3:03 am
#23
Tribu dei Chihuahua
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Location: Port Kennedy -near the dolphins
Posts: 1,414
May 2nd 2010, 5:39 am
#24
Forum Regular
Joined: Sep 2003
Posts: 215
Re: Just been to a Auction
I'm selling in Canberra at the moment - hope the prices hold steady there for the time being.
shame about the price
May 2nd 2010, 7:19 am
#26
Account Closed
Joined: Sep 2006
Posts: 4,374
Re: Just been to a Auction
630,000 K.... I doubt if they would have got much more even at the peak 2 months ago. Although I'm sure there would have been more bidders then.... Very small block, 280sqm but really well finished house.
Could be a totally different market in 4 weeks I reckon, so the sellers did really well.
Should be interesting these next few weeks and if there are any other reports from today.
Could be a totally different market in 4 weeks I reckon, so the sellers did really well.
Should be interesting these next few weeks and if there are any other reports from today.
are you teasing me again with your rumours of price drops
2 bedroom unit in Glen Waverley would do me, but nothing under 400,000 for that!
May 2nd 2010, 8:38 am
#27
Proudly Deplorable
Joined: May 2003
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Posts: 24,246
Re: Just been to a Auction
I wouldn't buy it.
May 2nd 2010, 8:54 am
#28
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Joined: Feb 2010
Location: Amongst Melbourne's tall gum trees
Posts: 1,323
Re: Just been to a Auction
We are still pinching ourselves that we managed to get our house (at Christmas time) for under $515k, since every other house for sale in the street has sold for over $550k in the last few months... And no, we did not buy a lemon
May 3rd 2010, 5:26 am
#29
Lost in BE Cyberspace
Thread Starter
Joined: Feb 2005
Posts: 15,526
Re: Just been to a Auction
I dont think there are as many frantic buyers out there now. In fact I'm sure there isn't.
Not sure whether prices will go backwards in a hurry though, maybe just stay put or drop very slightly. Definitely more rentals around, as the people in the sold house in our area, reckon thats the only bonus to them in having to move, is a much better rental market.. They are going to move to Preston to be nearer the Chinese and other Asian restaurants in High St, plus more music venues there, and expect to save maybe 20 to 30 bucks per week.
.
Last edited by ozzieeagle; May 3rd 2010 at 5:29 am.
May 3rd 2010, 10:22 am
#30
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Re: Just been to a Auction
